2019 NGN to LRD Historical Review

YEARLY HIGH

0.6689 LRD

YEARLY LOW

0.4321 LRD

YEARLY AVERAGE

0.5176 LRD

2019 NGN to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 0.6689. Conversely, the yearly low was recorded on January 2, dropping to 0.4321.

This high-to-low spread represents a total annual volatility of 0.2368 LRD. From a start-to-finish perspective, comparing the January average rate of 0.4379 to the December average rate of 0.5202, the exchange rate registered a net change of 18.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6689 was up 49.39% compared to the 2018 peak of 0.4478, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 668,948 LRD

2018 Average 398,592 LRD

Yearly Trough Low 432,099 LRD

Transaction Impact: A difference of 236,849.28 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5981

0.4233

JanuMarcMayJulySeptNove

NGN to LRD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.4756, compared to 0.5596 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0840 points.

H1 Avg (Jan–Jun) 0.4756

H2 Avg (Jul–Dec) 0.5596

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.1110 LRD (High: 0.6689 / Low: 0.5579). On the other end, February was the most stable month, with a tight range of 0.0027 LRD (High: 0.4470 / Low: 0.4443).

August Spread (Volatile) ±0.1110

February Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0347 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0347

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.5681) against the same month in 2018 (average: 0.4251), the exchange rate shifted by +0.1430 (+33.65%).

2019 Avg (August) 0.5681

2018 Avg (August) 0.4251

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4445	0.4321	0.4379
February	0.4470	0.4443	0.4455
March	0.4526	0.4473	0.4503
April	0.4728	0.4523	0.4607
May	0.5301	0.4700	0.4990
June	0.6331	0.5301	0.5606
July	0.5622	0.5418	0.5550
August	0.6689	0.5579	0.5681
September	0.5809	0.5702	0.5761
October	0.5858	0.5780	0.5835
November	0.5846	0.5318	0.5549
December	0.5298	0.5159	0.5202